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x O X X Watch ERASED EN X (1) Latest Tweets (1) Future - Lite courses/71710/quizzes/316505/take ABC Company opened a savings account on January 1,

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x O X X Watch ERASED EN X (1) Latest Tweets (1) Future - Lite courses/71710/quizzes/316505/take ABC Company opened a savings account on January 1, 2020 by depositing $38,000. ABC Company intends to deposit $17,000 into this account at the end of every quarter for the next five years. Assume that ABC Company will earn interest of 12% compounded quarterly. Calculate the amount that will be in ABC Company's savings account at the end of five years. To answer this question use the future value table factors given below. No credit will be awarded for this question using a means other than the table factors given below to answer this question. Factors from the future value of a lump sum table for: i - 3%: n - 5 1.159 1 - 10 1.344 15 1.558 20 .805 1 i 4%: 1 - 68: n-5 1.338 n 1 @ 1.791 n -15 2.397 - 20 3.207 i = 12%: 2 - 5 n1@ 3.106 n15 5.474 n-20 9.646 1.762 Factors from the future value of an annuity table for: 1 - 3%: - 5 5.399 - 10 11.464 - 15 18.599 n = 20 26.871 Own X V I Latest Tweets X () Future - Lit Watch ERASED re.com QUEEN Factors from the future value of a lump sum table for: i - 3%: n5 1. 159 11e n - 29 1.344 n15 1.558 1.885 i 4%: - 5 1.217 Ole 1.480 n = 15 1.801 n - 29 2.191 i -6%: -5 1.338 nie 1.791 n = 15 2.397 n = 20 3.207 1 -12%: n = 5 1.762 n - 10 3.106 n = 15 5.474 -20 9.646 Factors from the future value of an annuity table for: 1 - 3%: - 5 n1 @ 11.464 5.389 n - 151 18.599 - 29 26.871 1 - 43: n - 5 5.416 n- te 12.006 n = 15 19.141 n = 20 29.778 1 - 6%: 05 n = 1 13.180 n = 15 23.276 5.637 ne 36.786 i -12%: 6.353 17.549 n = 15 37.289 20 63.440

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